Guggenheim Capital LLC lifted its position in shares of Nuveen AMT-Free Municipal (NYSE:NUW) by 17.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,225 shares of the company’s stock after buying an additional 16,622 shares during the period. Guggenheim Capital LLC owned approximately 0.75% of Nuveen AMT-Free Municipal worth $1,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Johnson Financial Group Inc. acquired a new stake in Nuveen AMT-Free Municipal in the 4th quarter valued at approximately $187,000.
Nuveen AMT-Free Municipal stock opened at $15.77 on Wednesday. Nuveen AMT-Free Municipal has a fifty-two week low of $15.76 and a fifty-two week high of $18.59.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Friday, April 13th will be paid a $0.06 dividend. The ex-dividend date is Thursday, April 12th. This represents a $0.72 annualized dividend and a dividend yield of 4.57%.
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Nuveen AMT-Free Municipal Profile
Nuveen AMT-Free Municipal Value Fund is a diversified closed-end management investment company. The Fund’s primary objective is current income exempt from regular federal income taxes and its secondary objective is to enhance portfolio value and total return. The Fund seeks to provide monthly tax-free income exempt from federal income tax, including alternative minimum tax (AMT); after tax total returns from an investment grade portfolio, and portfolio diversification.
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